During a discussion on whether the 30 hours are really needed on Channel 5’s The Wright Stuff yesterday, presenter Matthew Wright claimed that childcare providers are ‘sucking up the free money’, and that they do ‘very well’ from the funding.
The discussion was in response to a report from the Institute of Economic Affairs (IEA), which calls for the free entitlement, tax-free childcare, the EYFS and regulations - including ratios, to be done away with as they have driven up childcare costs for parents.
Matthew Wright went on to say, ‘I wonder whether we should throw the whole policy out and scrap it, or if there is a way of subsidising childcare to help parents, but not allow childminders and nurseries to run into the sunset with bags of taxpayers’ cash.’
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